Multiple Choice Questions (MCQs)
Given the Cobb Douglas production function: Q = A La Kb There will be constant returns to scale if:
Which of the following shows accounting profit of the firm?
Which of the following is (are) the assumption of regression analysis?
Periods of economic expansion and contraction in an economy is named as:
The Isoquants have a shape of curvature for the inputs which are:
To avoid the problem of bandwagon effect, ___________ method of forecasting is used.
Which of the following statements is TRUE?
Consider the following equation of time series data: Yt = f (Tt, Ct, St, Rt) ________ shows trend component at time t.
Fluctuations should be random. It is the requirement of which of the following technique(s)?
The total cost (TC) function is given as: TC = 200 + 80Q. What is the variable cost?
Which of the following is based on the data and equation?
When price of any commodity decreases, consumer’s purchasing power increases. This is known as:
Two products are said to be substitutes if cross price elasticity of demand between these two products is:
Tax rates are determined by the government in:
A function that relates inputs with outputs is called:
Both moving average and exponential techniques require:
The quantity of a good or service that producers are willing and able to sell during a certain period of time is known as:
Y = a + bX + e In this regression equation, "X" is:
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